XRP Futures Volume on BitMEX Jumps 1,185% to $17.06 Million as Price Slips to $1.36

XRP saw a sharp increase in derivatives activity on BitMEX as futures volume climbed 1,185.33% to $17.06 million within 24 hours. Over the same period, XRP's spot price dropped 2.14% to $1.36 amid broader crypto weakness and elevated end-of-week volatility. Despite the sell-off that followed a move to $1.47 on March 4, XRP remains modestly higher over the week while institutional clients of Ripple Prime gain access to Coinbase futures including XRP.